23 West Street, Portchester, Fareham, Hampshire, PO16 9XB

Description

The property comprises the ground floor of a two-storey, mid-terrace building.

Internally, the property comprises a single-storey lock-up shop. It is generally arranged as sales area, although there is a small kitchenette and staff WC positioned behind a partition wall to the rear.

To the rear of the building is a concrete-covered car parking and loading area.

Location

Portchester is located within the borough of Fareham and situated approximately four miles north west of Portsmouth. The locality benefits from excellent road communications, being situated at Junction 12 of the M27, which links to the M3 and A3(M) and provides access to London and the wider national motorway network.

The property occupies a prominent position on the northern side of West Street, which is the main shopping district of Portchester and fully pedestrianised. Nearby occupiers include Superdrug, Iceland, Costa and Tesco Express.

Planning

A new Use Classes Order (UCO) came into effect on 1st September 2020. Under the new UCO a new Use Class E was introduced to cover commercial, business and service uses. Use Class E encompasses A1, A2, A3, B1 and some D1 and D2 uses under the former UCO. We therefore understand that the premises benefit from Class E 'Commercial Business and Service' use within the Use Classes Order 2020.

VAT

Rents and prices are quoted exclusive of, but may be subject to VAT.

Accommodation

The accommodation has an approximate Net Internal Area (NIA) of 756 sq ft (70.23 sq m).

Business Rates / Council Tax Band

Rateable Value (2026): £12,000. 100% small business rate relief eligible.


EPC

We understand the property has an EPC rating of C-64 (expiry date - 5 September 2029).

Legal Fees

Each party to bear their own legal costs incurred.

AML

In accordance with current Government legislation, we are legally required to conduct Anti-Money Laundering (AML) checks on all prospective purchasers or tenants where the transaction involves a capital value of €15,000 (EUR) or more, or a rental value of €10,000 (EUR) per calendar month or greater.

This process includes verifying identity, as well as confirming the source and availability of funds. Please note that we must obtain and record this information before any transaction can be formalised or contracts exchanged.